SCHAUMBURG, IL-Newport Beach, California-based KBS Realty Advisors LLC has tapped Chicago-based Jones Lang LaSalle Inc. to handle leasing and management of Woodfield Corporate Center, a two-building office complex at 200 and 150 N. Martingale Road in northwest suburban Schaumburg. The owner hired Jones Lang LaSalle to replace CBRE Inc. of Los Angeles for the assignment.
KBS purchased the properties, which comprise nearly 532,000 square feet of office space, in 2005 for $91.5 million. The complex is over 90% occupied. For the full story, go to Crain's Chicago Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.